Russia’s crude output fell to 8.962 million barrels a day in January, 16,000 barrels a day below its target under the OPEC+ ...

Iran, exempted from the OPEC+ cuts due to the U.S. sanctions, saw the second-largest increase in oil output within OPEC and is estimated to have pumped 3.15 million bpd in September—the highest ...

Decisions made by oil producer group OPEC take a long-term view of the global markets and are aimed at providing price ...

Oil prices deepened their losses today, Feb. 12, after OPEC maintained its forecast for global oil demand growth this year, while economic data weighe ...

Despite Nigeria's plans to increase crude production, it has seen a major decline in daily crude production in January 2025, ...

OPEC oil output fell in January for a second month, a Reuters survey found, as a drop in exports from Nigeria and Iran offset ...

OIL companies on Tuesday lowered the prices of gasoline and diesel by 10 centavos per liter and kerosene by 30 centavos.

The Organisation of the Petroleum Exporting Countries’ crude production dipped for a second consecutive month in January as a drop in exports from Nigeria and Iran affected crude outputs.

Standard Chartered has argued that Trump is unlikely to get his wish to force OPEC to cut the oil price, nting that ..

OPEC oil output fell in January for a second month ... The modest decline in output came as the wider OPEC+ group is keeping production cuts in place until the end of March due to global demand ...

LONDON, Feb 5 (Reuters) - OPEC oil output fell in January for a second ... came as the wider OPEC+ group is keeping production cuts in place until the end of March due to global demand concerns ...

Such a move would reduce crude supply, boosting oil prices and creating ... OPEC+, which includes OPEC, Russia and their allies, has deepened cuts, reducing production by almost 6 million bpd ...